Terms of Service

Article 1(Purpose)

The purpose of these terms and conditions is to set forth the rights, obligations, responsibilities and other necessary matters between the company and its members in relation to the use of all services related to ExpressRemit, a digital wallet service such as browser extensions and mobile apps provided by Express Global Co., Ltd. (hereinafter referred to as the “Company”).

 

Article 2 (Specification and Amendment of Terms and Conditions)

1. The company posts the contents of these terms and conditions on the initial screen and connection screen of the service so that members can easily understand them, or announces them in other ways.

2. These terms and conditions become effective when a person who wants to use the service agrees to these terms and joins as a member.

3. If the company revises the terms and conditions, the date of application and the reason for the revision are specified and announced along with the current terms and conditions on the initial screen or connection screen of the company site from 7 days before the effective date to the day before the effective date. However, in the case of unfavorable or significant changes to members, members will be notified 30 days prior to the effective date.

4. If the member does not explicitly express his/her intention to refuse, even though the company notifies the member of the revised terms and conditions in accordance with the preceding paragraph and clearly informs the member that if the member does not express his/her intention within a period of 7 days, the member will be deemed to have expressed his/her intention. It is assumed that the member has agreed to the revised terms and conditions.

5. If a member explicitly expresses his/her intention not to agree to the application of the revised terms and conditions, the company cannot apply the contents of the revised terms and conditions, and in this case, the member may terminate the use contract. However, if there are special circumstances in which the existing terms and conditions cannot be applied, the company may terminate the use contract.

 

Article 3 (Rules other than Terms and Conditions)

Matters not specified in these Terms and Conditions and interpretation of these Terms and Conditions are governed by the relevant laws of the Republic of Korea or the individual terms and conditions of service set by the company and general commercial practices.

 

Article 4 (Definition of terms)

The definitions of terms used in these terms and conditions are as follows.

1. "Digital asset" refers to all data on the blockchain, including coins, tokens, cards, etc.

2. "TOKEN" refers to a digital asset issued on other main chains such as Ethereum without its own blockchain.

3. "NFT" is a non-fungible token, (i) issued with metadata information about "digital works" such as images, videos, music, and books, and (ii) It refers to a blockchain-based digital asset to which NFT owners are granted specific rights (hereinafter referred to as "NFT owners' rights") regarding the above "digital works".

4. "Service" refers to all services related to the ExpressRemit service provided by the company, regardless of terminal (including various wired and wireless devices such as PCs and portable terminals).

5. "Member" means a person who enters into a service contract with the company in accordance with these Terms and Conditions and uses the services provided by the company.

6. "Posts" means texts, photos, videos, and various files and links in the form of information such as codes, texts, voices, sounds, images, and videos posted by members on the Token Bank website.

7. "Wallet" means a digital asset wallet used to store digital assets associated with a member's ExpressRemit account, and means a wallet that allows members to send and receive digital assets between "external digital asset wallets". .

8. "Smart contract" refers to a bundle of code written in a language that can be operated as a program in ExpressRemit.

9. "Transaction" refers to a unit that performs tasks such as transferring tokens, deploying and executing smart contracts, and changing account status.

10. "Nickname" refers to the unique name of a member determined by a member who has agreed to these terms and conditions and the personal information processing policy and collected by the company for service use.

11. "ID" refers to a unique string that a user inputs when accessing a computer system or communication network.

12. "Account address" refers to a unique identification address that exists to record changes in digital assets between members in the service.

13. "Password" is an identification number that confirms that a member is a member matching the account and account address, and means a combination of letters and numbers or numbers above a certain number set by the member.

14. "Seed Phrase" means a unique combination of English words used to reinstate a Member's account or generate additional account addresses in a deterministic manner.

The definitions of the terms used in these Terms and Conditions shall be governed by related laws and general commercial practices, except for those set forth in the preceding paragraph.

Article 5 (Conclusion of Service Use Agreement)

1. The time of establishment of the contract of use is the time when the applicant agrees to the terms and conditions and receives and installs the service.

2. The use contract for the services provided by the company ("use contract") is concluded when the person who wishes to become a member ("subscription applicant") agrees to the terms and conditions and then receives the service.

3. The company may withhold approval if there is no room for service-related facilities or if there is a technical or business problem.

4. In case the application for membership is not approved or withheld, the company, in principle, informs the applicant for membership.

 

Article 6 (Account Management)

1. The account can only be used by the member, and under no circumstances can anyone else use the member's account.

2. Members must directly manage their ID and password so that others cannot use their account without permission, and all responsibility for management lies with the member. However, this is not the case if it is caused intentionally or negligently by the company.

3. If a member is aware of the fact that his ID has been used illegally, he must immediately notify the company and follow the company's instructions.

4. In the case of Paragraph 3, the company is not responsible for any disadvantages caused by the member not notifying the company or not following the company's instructions after notification.

5. The company considers the user as a member without a separate confirmation process if the account and password registered by the member match those registered with the company.

6. Members can view and modify member information through the setting screen within the service. However, it may not be possible to edit the account, phone number, and personally identifiable information necessary for the provision and management of the service. When there is a change in the contents notified when applying for service use, the member must directly correct the changed information within the service or request renewal of the changed information through e-mail or customer center, and must keep the information up to date.

 

Article 7 (Provision of Services, etc.)

1. The company can divide the service into certain ranges and separately designate available hours for each range. However, in this case, the contents are notified in advance.

2. In principle, the service is provided 24 hours a day, 7 days a week.

3. The company may temporarily suspend the provision of services in the event of a national emergency, maintenance, replacement or failure of information and communication facilities such as computers, communication failure, or reasonable reasons for operation.

In this case, the company notifies the member in advance through the connection screen such as the service initial screen or notice board. However, if there is an unavoidable reason that the company cannot notify in advance, it may be notified after the fact.

4. The company may conduct regular inspections if necessary to provide the service, and the regular inspection time is as announced on the service provision screen.

5. The company may provide user information and product-related information for the convenience of use for the following services through wired/wireless telephone, e-mail, text service (LMS/SMS), SNS, etc. In this case, the member

You may unsubscribe at any time.

(1) Information on overall blockchain

(2) Services related to events and events

(3) Other services determined by the company to be provided to members from time to time

 

Article 8 (Types of Services)

1. Services provided by the company include services related to digital assets (providing digital asset wallets, providing transaction APIs, and providing information related to digital assets).

2. The types of services provided by the company may be changed from time to time depending on the circumstances of the company, and the copyright and intellectual property rights for the services provided belong to the company.

3. In relation to the service, the company grants the member only the right to use the account, ID, service, etc. according to the terms and conditions set by the company, and cannot provide similar services or engage in commercial activities using the member.

 

Article 9 (Notification and change of service contents)

1. The company announces the characteristics, procedures and methods of each service in advance through the service screen according to the type of service, and members must understand the contents of each service announced by the company and use the service.

2. If there is a sufficient reason, the company may change all or part of the individual services provided according to operational, technical, and procedural needs. In this case, the company notifies the member at least 7 days in advance.

 

Article 10 (Service Fee)

1. Members must pay the fees specified on the ExpressRemit website in return for using the services provided by the company, such as the digital asset deposit and withdrawal service. Fees are subject to change depending on company and market conditions.

2. Members are obliged to check the fees stated on the website. If the company posts the fee on the website and the member incurs the fee by using the service, the member cannot claim the refund of the fee from the company for the reason of not recognizing the fee.

 

Article 11 (Cancellation of Use Agreement)

1. Members may terminate the contract of use at any time by notifying the company of their intention to terminate through an application for withdrawal. The company provides a procedure for canceling the use contract online, and the use contract ends when the member's intention to cancel reaches the company.

2. If a member who has canceled pursuant to this article applies for re-registration, the subscription may be restricted according to the company's policy.

3. The company may terminate the use contract for the following reasons. In this case, the company notifies the member of the intention to cancel the membership by e-mail, phone, fax or other means by revealing the reason for the cancellation. In this case, the company must give the member an opportunity to express his/her opinion on the reason for cancellation in advance, and the use contract ends when the company's intention to cancel reaches the member.

(1) If it is confirmed that there is a reason for refusal to accept the application for use by the member

(2) When a member has acted to restrict use

(3) If the member has acted in violation of these terms and conditions

(4) In case of violation of relevant laws and regulations, such as providing illegal programs, obstructing service operation, illegal communication and hacking, distributing malicious programs, and exceeding access rights

(5) In case of doing or attempting to do something that interferes with the smooth progress of the service provided by the company

(6) Other cases where the company recognizes that it is necessary to refuse to provide services based on reasonable judgment

4. Upon termination of the use contract in accordance with this Article, all benefits obtained by the member through the use of the service will be extinguished, and the company will not compensate for this.

5. When the termination of the contract of use is completed, all information of the member except for the information that the company must retain in accordance with the relevant laws and regulations and the personal information processing policy will be deleted.

6. Notwithstanding the preceding paragraph, if the company terminates the use contract in accordance with paragraph 3, the company may retain the member's information for a certain period of time in order to receive and process the member's objection.

 

Article 12 (Intellectual Property Rights)

1. All copyrights and other intellectual property rights for the service belong to the company.

2. In relation to the service, the company grants the member only the right to use the service according to the terms and conditions set by the company, and in no case has the right to change, register, cancel, or infringe on the company's intellectual property rights.

 

Article 13 (Protection of Personal Information)

Member's personal information is collected and used only within the scope and purpose agreed by the member for smooth service provision. The company does not provide the member's personal information to a third party unless otherwise agreed by the law or the member. Details on this are set out in the personal information processing policy.

 

Article 14 (Creation and Preservation of Transaction Records)

1. The company tracks and retrieves the contents of digital asset transactions used by users, or creates and preserves records that can confirm or correct when an error occurs in the contents.

2. However, the record of digital asset transmission is preserved as a transaction record of the blockchain network, not the company's server.

3. The types of records that the company must preserve in accordance with this Article include whether or not digital asset exchange is in progress, transaction date and transaction amount, records of deposit and withdrawal, etc. Article 15 (Storage of Transaction Information)

 

Article 15 (Storage of Transaction Information)

1. The company does not provide, leak, or provide information or data on the content and performance of members' digital asset wallets, access media, and digital asset transactions acquired to provide services to a third party in accordance with laws or without obtaining consent from members. Do not use it for anything other than business purposes.

2. However, in the following cases, the company may provide information or data on digital asset wallets, access media, and contents and performance of digital asset transactions to third parties without prior consent from members.

(1) When it is necessary to implement the anti-money laundering system implemented annually by the Korea Financial Intelligence Unit

(2) When the head of the Korea Financial Intelligence Unit requests the submission of data

 

Article 16 (Obligations of Members)

1. The company may restrict the use of the service step by step by warning, suspension, permanent suspension of use, or termination of the use contract in the following cases.

(1) Acts that fall under money laundering, unfair trade, crime, etc.

(2) Collection and unauthorized use of other members' personal information, account information, and transaction information

(3) Changes in information posted by the company

(4) Transmission or posting of information (computer programs, etc.) other than the information specified by the company

(5) Infringement of intellectual property rights such as copyrights of the company and other third parties

(6) Acts that damage the reputation of the company and other third parties or interfere with business

(7) An act of disclosing or posting obscene or violent messages, images, voices, false facts, or other information against public order and morals on the website

(8) Using the service for commercial purposes without prior consent from the company

(9) An act of accessing the service through automated means such as Agent, Script, Spider, Spyware, Toolbar, etc., or other fraudulent methods without prior consent of the Company.

(10) An act of fraudulently generating or increasing the number of impressions and clicks

(11) Actions that cause load on the company's server

(12) Disrupting the sound trading order by unfairly influencing the market price of digital assets

(13) Other illegal or unfair acts

2. Members must comply with matters announced or notified by the company in relation to related laws, these terms and conditions, user guides and services.

 

Article 17 (Company's Obligations)

1. The company does not engage in acts prohibited by the relevant laws and regulations or contrary to public order and morals, and strives to provide services continuously and reliably.

2. The company has a security system to protect personal information so that members can use the service safely, and discloses and complies with the privacy policy.

3. If the opinion or complaint raised by the member is objectively justified, the company will process it through appropriate procedures.

 

Article 18 (Notification to Members)

1. If the company notifies individual members, it may be notified by e-mail or mobile phone.

2. If the company notifies all members, it can replace the notice in the preceding paragraph by posting on the website initial screen, bulletin board, etc. for more than 7 days.

 

Article 19 (Compensation for Damages)

1. To the extent permitted by law, the company does not make any promises or guarantees regarding any specific details not specified in these terms and conditions in relation to the service. In addition, the company does not guarantee the value of digital assets not issued by the company. In addition, we do not guarantee the reliability and accuracy of the information, data, and facts posted by the member on the service, and we are not responsible for any damages to the member caused by this.

2. In the event that a member suffers damages due to reasons attributable to the company, the scope of compensation for damages by the company includes normal damages as stipulated in the Civil Act, and damages due to special circumstances are compensated only when the company knows or should have known about the situation. You are responsible.

3. Notwithstanding paragraph 2, in the case of any of the following subparagraphs, the member may bear all or part of the responsibility.

(1) If the member does not notify the company despite knowing the cause of the damage or the fact that the damage has occurred

(2) In the event that the member intentionally or negligently leaks account and transaction information related to the wallet to a third party or uses the wallet

(3) In case there is intention or negligence of the member in the occurrence of other damages

4. The company is not liable for damages caused to members due to reasons not attributable to the company.

5. If the information provided by the member to the company is different from the facts, the company may stop providing the service at any time and terminate the contract in whole or in part in accordance with these terms and conditions. You may claim compensation for damages.

6. If a member intentionally or negligently causes damage to the company through an act that violates the law, these terms and conditions, public order and morals, such as interfering with the company's system operation, the member must compensate the company for all damages.

7. If a member claims damages to the company, the company may compensate the member for damages by paying digital assets to the member's electronic wallet in agreement with the member.

 

Article 20 (Exemption)

1. The company shall not be liable for damages in the following cases.

(1) In the event that the use of the service becomes impossible due to compliance with administrative dispositions and orders, etc.

(2) In case of damage caused by fire, earthquake, flood, lightning, war, riot, rebellion, national emergency, natural disaster or other force majeure

(3) In the event of damage caused by DDOS attacks, IDC failures, telecommunications service failures, system malfunctions, or failures due to reasons not attributable to the company

(4) In case of unavoidable failures due to block chain problems, defects or technical problems in the digital asset issuance management system itself, defects in communication service providers, regular server inspections, etc.

2. The content provided by the service is an auxiliary tool for using the service, and does not suggest or suggest any investment or transaction. Content and information provided by third parties may contain errors, delays and other inaccuracies, for which the company and third parties do not bear any responsibility.

3. Investments based on the service and information obtained from the service may result in loss, and the final judgment and responsibility for this is entirely with the member. The company does not take any responsibility for the member's investment loss.

4. Posts such as information, opinions and materials posted by members on the website have nothing to do with the company, and the company does not guarantee or take responsibility for the reliability, accuracy, legality, etc. of the above posts. The legal responsibility for the content of the post lies entirely with the member who posted the post and the member who viewed it. The company has no legal obligation to be involved in disputes between members or between a member and a third party, and does not bear any responsibility in this regard.

5. The company is not responsible for failures or service limitations that are unavoidable due to the characteristics of digital assets, such as defects or technical limitations of the digital asset issuance management system itself.

6. The company is not responsible for the use of services provided free of charge unless otherwise specified in the relevant laws and regulations.

7. If the company receives various objections, including claims for damages or lawsuits, from a third party other than the member due to a member's illegal act or violation of these terms and conditions while using the service, the member shall You must indemnify the company for its responsibilities and costs.

8. The company is not responsible for service failure or its consequences due to reasons attributable to members. However, this is not the case if the member has a legitimate reason.

9. The company is not responsible for transactions between members or between members and third parties through the service. However, this is not the case in case of intentional or gross negligence of the company.

10. If anyone acquires or receives digital assets owned by a third party without authority due to service errors, computer failures, or other reasons, the company notifies the party in advance and takes necessary measures such as freezing, recovering, or restoring the digital assets. You can take action.

 

Article 21 (Governing Law and Competent Court)

1. If a dispute arises between the company and a member in relation to the service, it is a principle to resolve it amicably by agreement between the parties.

2. If a lawsuit is filed in relation to a dispute because the parties cannot reach an agreement or an agreement is not reached, the Incheon District Court shall be the court in accordance with the procedures set forth in the relevant laws and regulations.

3. For members with addresses or residences abroad, the Incheon District Court of the Republic of Korea shall be the competent court for litigation regarding disputes between the company and members.

 

※ HOW TO CONTRACT US

If you have any questions or problems while using the app, please contact the developer.

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Developer Contact : customercare@expressglobal.co.kr

 

<Appendix> These terms and conditions will be effective from July 1, 2023